Employment Practices Liability Insurance

Employment Practices Liability Insurance

In today’s workplace environment considering political correctness and social media, cases of employees bringing action against their employer have grown substantially.

What is Employment Practices Liability Insurance?

Employment-related risks are among the most potentially damaging exposures due to their inherent link to public notions of community standards and morality. These legal suits can not only result in significant financial loss but also cause irreparable damage to an employer’s reputation and brand.

Why do I need it?

Defending against an employment-related claim is also time consuming, expensive and disruptive to an employer’s business. For employers, the growing risk makes it necessary to consider how such a claim might affect their business, from legal fees and settlement costs to damage to reputation and brand, and whether measures are in place to minimise both the risk and the impact.

What does Ian Jones Insurance provide?

Employment and workplace relations are governed by complex and rapidly changing laws and regulations. Standard policies, procedures and training are no longer enough to protect employers from employment-related litigation. Such an environment means that insurance solutions have become imperative and with Ian Jones Insurance, an Employment Practices Liability (EPL) can provide the financial protection against such claims.

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Insuring businesses and professionals in Newcastle and across Australia since 1984.